Cava’s stock rallies 16% as Chipotle competitor vies to be ‘next …
2 days ago · Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its ...
Here Is One Telling Sign Of White-Hot Cava IPO's Momentum
2 days ago · Chipotle Investment May Pressure Cava: Analysts. Last Thursday, Sweetgreen raised full-year guidance after narrowing Q3 losses. ... Cava stock dipped on the news on Oct. 15 but has since rallied ...
Cava's stock rallies 15% as Chipotle competitor vies to
2 days ago · Analysts polled by FactSet expected Cava to report sales of $233 million. Same-restaurant sales rose 18.1%, including a a 12.9% increase from guest traffic and a 5.2% increase from menu price and ...
Cava surges after annual sales forecast raise on steak, pita chips ...
2 days ago · Cava's forward price-to-earnings ratio for the next 12 months, a common benchmark to value stocks, was 283.86, compared with 117.80 for Shake Shack and 46.69 for Chipotle. Sign up here.
Chipotle Rival CAVA Surges Over 17% As Q3 Earnings Beat
2 days ago · The company, a rival to Chipotle Mexican Grill, Inc. CMG opened 11 new restaurants, bringing the total to 352, reflecting a 21.4% year-over-year growth in restaurant count.
CAVA Group Reports Third Quarter 2024 Results
3 days ago · Year Over Year CAVA Revenue Growth of 39.0% Including CAVA Same Restaurant Sales Growth of 18.1% 11 Net New CAVA Restaurant Openings During Quarter Third Quarter 2024 CAVA Restaurant-Level Profit Margin of 25.6% CAVA Group, Inc. (NYSE: CAVA) (“CAVA Group” or the “Company”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food ...
Why analysts are calling Cava the next Chipotle - CNBC
Sep 27, 2024 · Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. It posted a profit in its first quarterly report, repeatedly beat Wall Street's earnings estimates...
Each Cava location is worth a whopping $33 million. Its CEO …
Oct 8, 2024 · Each Cava location is worth a whopping $33 million. Its CEO explains how the Chipotle competitor is achieving explosive growth. Fortune · Fortune. Jane Thier. Updated Tue, Oct 8, 2024, 5:00 PM...
Cava Is Worth $33 Million Per Restaurant After Blistering Debut
Jun 14, 2024 · The restaurant chain — the Mediterranean Chipotle, as its financial backers like to call it — has soared more than 300% since its initial public offering in June 2023, giving it a market ...
Wall Street Analysts Think Cava Could Be the Next Chipotle. Why …
Oct 3, 2024 · Cava appears to have all the ingredients needed to be the next Chipotle. Investors have long been searching for a fast-casual chain that could become the next Chipotle (CMG -0.35%). That's...